Robeco Institutional Asset Management B.V. Purchases 3,090 Shares of AerCap Holdings (NYSE:AER)

Robeco Institutional Asset Management B.V. grew its position in shares of AerCap Holdings (NYSE:AER) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 105,453 shares of the financial services provider’s stock after purchasing an additional 3,090 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.05% of AerCap worth $10,092,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. B. Riley Wealth Advisors Inc. boosted its stake in AerCap by 59.3% in the third quarter. B. Riley Wealth Advisors Inc. now owns 17,875 shares of the financial services provider’s stock worth $1,686,000 after buying an additional 6,654 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of AerCap by 2.4% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,077 shares of the financial services provider’s stock valued at $1,807,000 after purchasing an additional 451 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of AerCap by 66.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 279,803 shares of the financial services provider’s stock valued at $26,503,000 after purchasing an additional 112,084 shares during the last quarter. KBC Group NV grew its holdings in shares of AerCap by 18.7% during the 3rd quarter. KBC Group NV now owns 350,888 shares of the financial services provider’s stock valued at $33,236,000 after purchasing an additional 55,213 shares during the last quarter. Finally, Summit Global Investments purchased a new position in AerCap in the 3rd quarter worth $667,000. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on AER shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft boosted their price objective on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.00.

AerCap Trading Up 0.3 %

AER opened at $95.65 on Friday. The firm has a market capitalization of $18.93 billion, a price-to-earnings ratio of 7.58, a PEG ratio of 2.09 and a beta of 1.82. AerCap Holdings has a one year low of $75.83 and a one year high of $100.81. The business has a 50 day simple moving average of $96.02 and a two-hundred day simple moving average of $95.00. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67.

AerCap (NYSE:AER) last announced its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, hitting analysts’ consensus estimates of $2.41. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same quarter last year, the firm posted $2.81 earnings per share. The firm’s revenue was up 3.0% on a year-over-year basis. Analysts predict that AerCap Holdings will post 11.25 EPS for the current year.

AerCap Profile

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.